Classes Agenda & Itinerary
There are countless programs to help you access funds to buy a home. This class is your opportunity to learn how to achieve the American dream of homeownership, whether this year or in the future. Even if you have your own money for downpayment and closing costs, this class will give you the good, bad, and the ugly for facing the complex home search process with the help of professional experts.
Intros & Expectations
- About the Lender
- About Berkshire Hathaway real estate agents/brokers
- Guest Speakers
- Roll call, structure, forms needed for a certificate, class recording, etc.
The Mortgage Loan
- How to budget for a home purchase
- Credit scores and history
- Loan types and terms
- Documents needed for a loan pre-approval
- Pre-approval vs pre-qualification
- How to select a lender
- Some important loan definitions
- What is predatory lending?
- Avoiding foreclosure
- Down payment assistance (DPA) programs
- Summary of the mortgage process & the loan closing
Getting Ready - Priorities vs Wants
- Advantages and disadvantages of renting vs owning
- Steps to becoming a homeowner
- Who is involved in the home buying process?
- How to shop for a real estate professional
- Understanding agency representation
- How to find the right home/current market
- Priorities: needs vs. wants
Process Summary - Buying a Home
- Selecting a Home
- Types of properties
- Negotiating a Purchase Price
- What’s in the offer: contingencies & paperwork
- The importance of a home inspection vs appraisal
- Buying a home process summary
Conclusion & Admin
- Home Maintenance & Going Green
- HUD Counseling Agencies
- The “COVID-19 Stay Home, Stay Healthy” Mandate
- New rules about real estate
- Certificates & Next Steps
- Class Survey
- Q&A – chat box
- Credit Repair Professional
- Licensed Home Inspector
- Title & Escrow
- Home Insurance
Explore Our Popular Classes
Nuestra clase es para enseñarles el proceso de comprar una casa y acceder a fondos para la compra. Varios programas se les ofrecen a las personas que buscan comprar una propiedad este año o en el futuro.
Take this Zoom webinar in your comfy pajamas to learn about the Washington State and local programs to purchase a home.